EK payrise - finally?
Join Date: Mar 2004
Location: UK
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I've been in EK a long long time. Some rules:
1) Don't believe anything until you see it.
2) What is promised at a meeting (Particularly of just training staff!) seldom results in much.
3) EK looks at everything - New planes, new routes, new financial incentives. They are all discussed. It doesn't mean they materialise. They are simply considered.
30% - If you believe this, I've got a bridge to sell you. My guess is about 7-10%. That will make up for the drop in the USD and keep us ticking over.
The grumbling will go on. A few will leave, the airline will replace them and continue making good profits. Cost of living will rise at least 15% and the traffic will get worse. New methods to relieve you of cash will be devised. EK will increase productivity with novel new ideas to offload duties into your own time. That's the prognosis for 2007. Get used to it - its happened every year.
Take it or leave it. It could be worse.
Aside from all that Happy New Year to all my fellow aviators.
1) Don't believe anything until you see it.
2) What is promised at a meeting (Particularly of just training staff!) seldom results in much.
3) EK looks at everything - New planes, new routes, new financial incentives. They are all discussed. It doesn't mean they materialise. They are simply considered.
30% - If you believe this, I've got a bridge to sell you. My guess is about 7-10%. That will make up for the drop in the USD and keep us ticking over.
The grumbling will go on. A few will leave, the airline will replace them and continue making good profits. Cost of living will rise at least 15% and the traffic will get worse. New methods to relieve you of cash will be devised. EK will increase productivity with novel new ideas to offload duties into your own time. That's the prognosis for 2007. Get used to it - its happened every year.
Take it or leave it. It could be worse.
Aside from all that Happy New Year to all my fellow aviators.
Join Date: Jun 2006
Location: Dunesville
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Hi Dis,
I've been here long enough to think the same way as you... However I would disagree that 10% would mean that only a few would leave. We said similar things last year and over 100 pilots left through the back door and we are struggling to find others willing to enter the front (to the extent that a recent memo to recruiters which has advised that the assessment sim ride should be 'softened' as too many were failing).
I would predict a worsening situation for all of us in 2007 with more of us 'leaving it' rather than 'taking it'.
Regardless, I hope all of us have a Happy New Year one way or another.
I've been here long enough to think the same way as you... However I would disagree that 10% would mean that only a few would leave. We said similar things last year and over 100 pilots left through the back door and we are struggling to find others willing to enter the front (to the extent that a recent memo to recruiters which has advised that the assessment sim ride should be 'softened' as too many were failing).
I would predict a worsening situation for all of us in 2007 with more of us 'leaving it' rather than 'taking it'.
Regardless, I hope all of us have a Happy New Year one way or another.
Join Date: Oct 2006
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marooned ,disconnected and all others, are you the guys who will leave if the pay is less than 7 percent!!
We will see 5 percent plus the 3 percent increment NO accomodation allowance increase. A 30 percent hike in school fees with no increase to the education allowance cap.
Single FOs or those married with no kids only getting a 2 bedroom apartment, 3 is history people!! Those who are married with kids will not be allowed to choose the no furnished option and take the 36000dhs allowance, if they do they must find there own accomodation. This is simply to fill silicon oasis which comes with furnished accom ONLY!!
Oh what else!! an increase in the threshold to trigger overtime from average 78hours to 84 hours to match Cathay!!
An increase from minimum 900 to 1000 hours a year,trust me this is on the GCAAs tables now and someone is going to get quite rich from it!!
10 to 20 percent income tax in mid 2008.
Altogether a great package thrown together, one that i am sure will attract those pilots from all those far flung places that want to live in a house made of bricks instead of MUD!!
Dream on guys!! DO NOT WORK DAYS OFF!!DO NOT VOLUNTEER OPEN FLIGHTS YOU ARE MAD TO DO SO!!
However 400dhs is a huge sum of money for some!!
We will see 5 percent plus the 3 percent increment NO accomodation allowance increase. A 30 percent hike in school fees with no increase to the education allowance cap.
Single FOs or those married with no kids only getting a 2 bedroom apartment, 3 is history people!! Those who are married with kids will not be allowed to choose the no furnished option and take the 36000dhs allowance, if they do they must find there own accomodation. This is simply to fill silicon oasis which comes with furnished accom ONLY!!
Oh what else!! an increase in the threshold to trigger overtime from average 78hours to 84 hours to match Cathay!!
An increase from minimum 900 to 1000 hours a year,trust me this is on the GCAAs tables now and someone is going to get quite rich from it!!
10 to 20 percent income tax in mid 2008.
Altogether a great package thrown together, one that i am sure will attract those pilots from all those far flung places that want to live in a house made of bricks instead of MUD!!
Dream on guys!! DO NOT WORK DAYS OFF!!DO NOT VOLUNTEER OPEN FLIGHTS YOU ARE MAD TO DO SO!!
However 400dhs is a huge sum of money for some!!
Join Date: Dec 2006
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[quote=disconnected;3043527]I've been in EK a long long time. Some rules:
1) Don't believe anything until you see it.
2) What is promised at a meeting (Particularly of just training staff!) seldom results in much.
3) EK looks at everything - New planes, new routes, new financial incentives. They are all discussed. It doesn't mean they materialise. They are simply considered.
30% - If you believe this, I've got a bridge to sell you. My guess is about 7-10%. That will make up for the drop in the USD and keep us ticking over.
The grumbling will go on. A few will leave, the airline will replace them and continue making good profits. Cost of living will rise at least 15% and the traffic will get worse. New methods to relieve you of cash will be devised. EK will increase productivity with novel new ideas to offload duties into your own time. That's the prognosis for 2007. Get used to it - its happened every year.
Take it or leave it. It could be worse.
Aside from all that Happy New Year to all my fellow aviators.[/quote]
You are absolutely right about all that. I have been here for fifteen years now and that is exactly what the company philosophy and mentality is. It is a ruthless business and they will exploit you as much as they can.
HNY all
1) Don't believe anything until you see it.
2) What is promised at a meeting (Particularly of just training staff!) seldom results in much.
3) EK looks at everything - New planes, new routes, new financial incentives. They are all discussed. It doesn't mean they materialise. They are simply considered.
30% - If you believe this, I've got a bridge to sell you. My guess is about 7-10%. That will make up for the drop in the USD and keep us ticking over.
The grumbling will go on. A few will leave, the airline will replace them and continue making good profits. Cost of living will rise at least 15% and the traffic will get worse. New methods to relieve you of cash will be devised. EK will increase productivity with novel new ideas to offload duties into your own time. That's the prognosis for 2007. Get used to it - its happened every year.
Take it or leave it. It could be worse.
Aside from all that Happy New Year to all my fellow aviators.[/quote]
You are absolutely right about all that. I have been here for fifteen years now and that is exactly what the company philosophy and mentality is. It is a ruthless business and they will exploit you as much as they can.
HNY all
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UAE income tax
Hi all
I have read bikkerdennah's post and have noticed this has cropped on other ME forums....is this definitely happening or just rumour and where can I find more information on this?
I am in the interview stage at the moment and dont want to accept a position and then find out in 18 months time that I will have to pay tax, because this is one of the attractions of taking up a position there?
Would EK and any other employer for that matter, increase the pay accordingly to take account of this possible tax imposition or would they just let it be and do nothing?
more info required please people
cheers
I have read bikkerdennah's post and have noticed this has cropped on other ME forums....is this definitely happening or just rumour and where can I find more information on this?
I am in the interview stage at the moment and dont want to accept a position and then find out in 18 months time that I will have to pay tax, because this is one of the attractions of taking up a position there?
Would EK and any other employer for that matter, increase the pay accordingly to take account of this possible tax imposition or would they just let it be and do nothing?
more info required please people
cheers
Join Date: Jan 2005
Location: Dubai
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Smoke and Mirrors
Hey Myway or the highway Disconnected hit the nail on the head. lots of Smoke and Mirrors you want real proof then do a search on Historic Exchange rates Australian Dollar verse US $ or AED as your EK salary is tied to the US Dollar any way
Pilots from Europe took a salary hit with a 14% increase in the Euro in 2006 against the US dollar. The Poms have not faired well either....
Don't be fooled by the Company exchange rate protection spool that even Einstein would have trouble explaining and dont mention the provident fund.....what a fizzer.
The US Dollar is going to take further hits which is why the Government here have announced thet they are now converting 10% of the natioanl Foriegn reserves in to Euros next year when at present they only have 2 %
I would be asking how the company proposes to deal with the decreasing buying power of your EK salary given the historic response to date has fallen short of the mark every year. Bet you dont get any thing in writing .....
Pilots from Europe took a salary hit with a 14% increase in the Euro in 2006 against the US dollar. The Poms have not faired well either....
Don't be fooled by the Company exchange rate protection spool that even Einstein would have trouble explaining and dont mention the provident fund.....what a fizzer.
The US Dollar is going to take further hits which is why the Government here have announced thet they are now converting 10% of the natioanl Foriegn reserves in to Euros next year when at present they only have 2 %
I would be asking how the company proposes to deal with the decreasing buying power of your EK salary given the historic response to date has fallen short of the mark every year. Bet you dont get any thing in writing .....
Join Date: Jun 2001
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I have a cunning plan...given a lot of EK's receipts are in currencies that have risen against the USD, ie EURO, GBP, AUD, they must be making a killing when these receipts are remitted into USD. That killing could be shared with the workers through an improved ERP. It could be sold to managment as it would be "cost neutral" and they like those sought of things. Yes I know, silly really....
Join Date: Sep 1999
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Another mirage?
Am out flying for New Year's. Take it there was NOT a payrise announced today for EK pilots?
At least I win a beer, it probably won't taste so good though.
Hope none of the crew was affected by the BKK bombs.
At least I win a beer, it probably won't taste so good though.
Hope none of the crew was affected by the BKK bombs.
Join Date: Mar 2004
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EK takes revenue in many currencies. It pays many of the big bills in USD -including the pilots.
The following major currencies have risen against the USD:
EUR 12%
GBP 14%
AUD 8%
You dont need to be a genius to work out that even if they gave us a whole 10% increase you would be worse off than this time last year.
The effects of the drop in USD will ensure that inflation in Dubai will be a healthy marging above any of the currency changes - thats a given.
As for the imminent salary announcement - Give me a break! This is a rumour propagated by management to keep us hopeful until the yearly review. Hopefully by then they will have relieved the manpower pressure thru failing airlines, 3rd world recruitment etc. and won't have to give us so much.
Like I said - It happens every year. And every year without fail EK has got more work for less money. That's an absolute Directive to Management. Their own jobs depend on it.
This January you are worse off than you were in January 2006 but be happy - You are better off than you will be in January 2008!
The following major currencies have risen against the USD:
EUR 12%
GBP 14%
AUD 8%
You dont need to be a genius to work out that even if they gave us a whole 10% increase you would be worse off than this time last year.
The effects of the drop in USD will ensure that inflation in Dubai will be a healthy marging above any of the currency changes - thats a given.
As for the imminent salary announcement - Give me a break! This is a rumour propagated by management to keep us hopeful until the yearly review. Hopefully by then they will have relieved the manpower pressure thru failing airlines, 3rd world recruitment etc. and won't have to give us so much.
Like I said - It happens every year. And every year without fail EK has got more work for less money. That's an absolute Directive to Management. Their own jobs depend on it.
This January you are worse off than you were in January 2006 but be happy - You are better off than you will be in January 2008!
Join Date: Jun 2001
Location: In the State of Perpetual Confusion
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8 or 9 years ago, the company announced a program by which they would reduce their unit costs on the order of 17% annually (I'm going by memory - if anyone remembers the exact figures, let us know). As far as I know, they are still doing this. In the beginning most of the reductions came through the use of bigger aircraft. Now those cost reductions are harder to come by and that is why much of their efforts are focused on the employees (pay and productivity). It's not just the pilots that are getting this. Talk to the employees in many of the departments and you will hear similar tales of retention and recruitment problems, overwork and underpayment. There is little sympathy around the company for our fatigue problems because in their eyes, at least we have regulations that limit what they can do to us. As the cost of fuel has risen, that 17% has to come from somewhere. The 380's were going to provide some of their cost savings in the coming year. I can't wait to see where it's going to come from now. Even if they do give us a payrise, I wonder how they plan on making it up.
